Macroeconomic Management in Resource Rich Countries (MRC)

Source details

Training Program offered by the International Monetary Fund.
Session No.: AT 27.01
Location: Ebene, Mauritius
Date: January 11, 2027 - February 12, 2027 (5 weeks)
Delivery Method: Blended Training
Primary Language: English
Interpretation Language: French Portuguese
Target Audience: Mid-level to senior officials from central banks, ministries of finance, and other government agencies tasked with the design and execution of policies in resource-rich countries (RRCs).
Qualifications: Participants are expected to have an advanced degree in economics or equivalent experience and be proficient in the use of Microsoft Excel.

The course discusses macroeconomic policy issues and challenges faced by resource-rich countries (RRCs).
Instructional modalities include lectures, hands-on workshops, debates, and case studies.
Major topical coverage:
- Macroeconomics of growth and diversification in RRCs.
- Fiscal policy management in the context of resource revenues.
- Macroeconomic policy coordination.
- Public-sector asset management in RRCs.

Upon completion of the course, participants should be able to:

Analyze economic performance in resource-rich countries, including in terms of growth, inclusiveness, diversification, and sustainability.
Design appropriate fiscal frameworks, applying suitable fiscal benchmarks to determine whether to consume, save, and/or invest the proceeds from the sale of natural resources.
Identify the appropriate macroeconomic policy responses to commodity price shocks.